Taxes 'could have to soar by £60bn to avoid a new wave of austerity after Covid'

The respected IFS think-tank said an income tax rise of 6p or 7p for every £1 earned could be needed to cover extra public spending over the next five or six years. https://www.dailymail.co.uk/news/article-8784305/Taxes-soar-60bn-avoid-new-wave-austerity-Covid.html?ns_mchannel=rss&ns_campaign=1490&ito=1490